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Labour Market Flows: Facts from the United Kingdom

Pedro Gomes

No 5327, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper documents a number of facts about worker gross flows in the United Kingdom for the period between 1993 and 2010. Using Labour Force Survey data, I examine the size and cyclicality of the flows and transition probabilities between employment, unemployment and inactivity, from several angles. I examine aggregate conditional transition probabilities, job-to-job flows, employment separations by reason, flows between inactivity and the labour force and flows by education. I decompose contributions of job-finding and job-separation rates to fluctuations in the unemployment rate. Over the past cycle, the job-separation rate has been as relevant as the job-finding rate.

Keywords: job-separation rate; job-finding rate; worker gross flows; transition probabilities (search for similar items in EconPapers)
JEL-codes: E24 J60 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2010-11
New Economics Papers: this item is included in nep-lab and nep-mac
References: View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Published - published in: Labour Economics, 2012, 19 (2), 165-175.

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Related works:
Journal Article: Labour market flows: Facts from the United Kingdom (2012) Downloads
Working Paper: Labour market flows: facts from the United Kingdom (2009) Downloads
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